Business

$1trn economy: NACCIMA woos Chinese investors to boost industrialisation

$1trn economy: NACCIMA woos Chinese investors to boost industrialisation

By Yinka Kolawole The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part of efforts to attract sustainable foreign direct investment (FDI) and support the Federal Government’s ambition of building a $1 trillion economy by 2030. The forum, […]
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Bitcoin surges towards $17,000 as concerns mount

Bitcoin surges towards $17,000 as concerns mount

Bitcoin flirted with $17,000 on Thursday, triggering a warning the cryptocurrency was “like a charging train with no brakes” and prompting fresh concern about its looming launch on mainstream markets.

SEC: Oando’s shareholders seek Adeosun’s sack within 7 days

SEC: Oando’s shareholders seek Adeosun’s sack within 7 days

Shareholders in Oando Nigeria Plc under the aegis of Trusted Shareholders’ Association have issued 7 days ultimatum to the Minister of Finance, Mrs. Kemi Adeosun within which to resign her position, alleging a breach of public trust and confidence.

Nigeria is ripe for investments, says envoy

Nigeria is ripe for investments, says envoy

Amb. Ahmed Musa Ibeto, Nigeria`s High Commissioner to South Africa, says some firms and investors from that country have shown interest in doing business in Nigeria.

Lagos State Govt. shuts 11 hotels over N354.75m tax evasion

Lagos State Govt. shuts 11 hotels over N354.75m tax evasion

The Lagos State Internal Revenue Service (LIRS) on Thursday shut 11 hotels, restaurants and event centres over alleged failures to remit their taxes under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.